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Türkiye could be key to logistics puzzle for Europe's energy: Eurogas

- Eurogas recognizes importance of Türkiye's role in facilitating gas supply, president Holleaux says

home > Natural Gas, Energy Diplomacy, General 14.02.2024 11:06 Murat Temizer

Türkiye could be key to logistics puzzle for Europe's energy: Eurogas

Türkiye represents an essential component of the logistical puzzle that allows Europe to diversify its gas import sources by functioning as a gas transit hub, according to Didier Holleaux, president of Eurogas.

Holleaux told Anadolu that, as part of the EU goal to reduce gas imports from Russia by 2027, EU member states have already significantly cut imports of Russian gas to less than 50 billion cubic meters (bcm) per year.

This is in comparison with 155 bcm before the (Russia-Ukraine) war, which was replaced with gas coming from other countries, notably the US.

Nonetheless, to secure European gas supplies, he said that Europe needs increased cooperation with Türkiye in the context of the shift away from Russian gas.

He also stressed the need for Europe to secure more long-term contracts and reduce spot market exposure, especially in light of the growth seen in certain regions of the world.

"As a transport hub for gas, Türkiye represents an important part of the logistics puzzle that would allow us to diversify where we’re importing from. The Trans-Adriatic Pipeline is a promising factor here, connecting Europe with gas from further east," he said.

"The agreement between Bulgarian and Turkish companies to import LNG through Turkish terminals is also welcome. Eurogas recognizes the importance of Türkiye in facilitating this supply, and we have already increased our engagement by officially welcoming our first Turkish member: the LNG and CNG Association of Türkiye," he said.

He reasoned that a close relationship with producing and transit partners is necessary to ensure political decisions do not stand in the way of jeopardizing the flow of gas and LNG.

He hailed gas as a transition fuel in the quest to replace coal for power production and, to an extent, in the shift to renewables because he said the source could itself be a renewable.

"For these reasons, gas is expected to form an important part of the energy mix for the foreseeable future. Not everything can be easily or cheaply electrified, so molecules will continue to play a role," he said.

He argued that Europe could begin to see emissions reductions in the short term by scaling up gas infrastructure as opposed to more carbon-intensive energy sources.

"On top of the relatively low-carbon applications of natural gas, we will also employ renewable gases through already-available gaseous infrastructure for additional reductions. By scaling up these renewable and low-carbon alternatives, gases will play their part in the energy transition alongside the other solutions being developed like electricity and geothermal, etc.," Holleaux noted.

- LNG and Europe

According to Holleaux, LNG imports represent a very important source for Europe’s energy supplies.

To accommodate LNG as the continent’s main supply source, member states have quickly delivered the necessary infrastructure to accommodate these new flows and have voiced concerns over the pause in LNG permits in the US, a move that Holleaux said reduces investor confidence.

Holleaux foresees LNG as a staple for European energy security given its dramatic reduction in Russian gas imports.

"To that end, we must ensure that Europe maintains its attractiveness for LNG volumes by providing stability and avoiding the repetition of the 2022 destruction of demand, which could lead to the destruction of economic activity that is potentially permanent,” he said.

He further stated that the European Commission's ambitious 2040 emissions target for the key role of clean hydrogen in the EU's energy transition—20 million to 35 million tonnes of production, or up to 10% of final energy demand—may be met by increasing biomethane production and imports to a level of 35 billion cubic meters and 10 million tonnes of hydrogen, both of which Türkiye may be able to contribute to.

By Murat Temizer

Anadolu Agency

energy@aa.com.tr​​​​​​​


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Spot market natural gas prices for Monday, Jan. 12

- 1,000 cubic meters of natural gas on spot market costs 14,249 Turkish liras
13.01.2026 Natural Gas

Spot market natural gas prices for Saturday, Jan. 10

- 1,000 cubic meters of natural gas on spot market costs 14,316.74 Turkish liras
11.01.2026 Natural Gas

Spot market natural gas prices for Friday, Jan. 9

- 1,000 cubic meters of natural gas on spot market costs 14,321.20 Turkish liras
10.01.2026 Natural Gas

Spot market natural gas prices for Thursday, Jan. 8

- 1,000 cubic meters of natural gas on spot market costs 14,230.63 Turkish liras
09.01.2026 Natural Gas

Spot market natural gas prices for Wednesday, Jan. 7

- 1,000 cubic meters of natural gas on spot market costs 14,307 Turkish liras
08.01.2026 Natural Gas

TurkStream marks sixth year as key conduit for gas flows to Europe

- End of Ukraine transit leaves TurkStream as only pipeline route carrying Russian gas to Europe, boosting its strategic importance
09.01.2026 Natural Gas

Spot market natural gas prices for Monday, Jan. 5

- 1,000 cubic meters of natural gas on spot market costs 14,327 Turkish liras
07.01.2026 Natural Gas

Spot market natural gas prices for Sunday, Jan. 4

- 1,000 cubic meters of natural gas on spot market costs 14,330 Turkish liras
05.01.2026 Natural Gas

Türkiye, Azerbaijan agree on 33 bcm gas deal starting in 2029

- Alparslan Bayraktar says deal to provide Türkiye with 2.25 bcm per year from Absheron field over the contract period
07.01.2026 Natural Gas

Spot market natural gas prices for Saturday, Jan. 3

- 1,000 cubic meters of natural gas on spot market costs 14,329 Turkish liras
04.01.2026 Natural Gas

Spot market natural gas prices for Friday, Jan. 2

- 1,000 cubic meters of natural gas on spot market costs 14,302.75 Turkish liras
03.01.2026 Natural Gas

Spot market natural gas prices for Thursday, Jan. 1

- 1,000 cubic meters of natural gas on spot market costs 14,319 Turkish liras
02.01.2026 Natural Gas

Spot market natural gas prices for Wednesday, Dec. 31

- 1,000 cubic meters of natural gas on spot market costs 14,445.54 Turkish liras
02.01.2026 Natural Gas

Spot market natural gas prices for Tuesday, Dec. 30

- 1,000 cubic meters of natural gas on spot market costs 14,312.29 Turkish liras
31.12.2025 Natural Gas

Spot market natural gas prices for Monday, Dec. 29

- 1,000 cubic meters of natural gas on spot market costs 14,338.50 Turkish liras
30.12.2025 Natural Gas

Türkiye's BOTAS finalizes long-term LNG supply agreement with Australia's Woodside

- Woodside to deliver 0.5 million tonnes of LNG annually to Türkiye starting in 2030
03.01.2026 Natural Gas

Spot market natural gas prices for Sunday, Dec. 28

- 1,000 cubic meters of natural gas on spot market costs 14,338.13 Turkish liras
29.12.2025 Natural Gas

Lebanon, Egypt sign deal to meet Beirut’s natural gas needs

- Agreement seen as 1st step toward shifting power generation from fuel oil to gas, easing costs and environmental impact
01.01.2026 Natural Gas

Spot market natural gas prices for Saturday, Dec. 27

- 1,000 cubic meters of natural gas on spot market costs 14,355.93 Turkish liras
28.12.2025 Natural Gas

Spot market natural gas prices for Friday, Dec. 26

- 1,000 cubic meters of natural gas on spot market costs 14,377.43 Turkish liras
27.12.2025 Natural Gas

Spot market natural gas prices for Thursday, Dec. 25

- 1,000 cubic meters of natural gas on spot market costs 14,393.02 Turkish liras
26.12.2025 Natural Gas

Critical minerals dependence could spark tensions from 2026 onward, IEA chief warns

- 'Global effort to work with countries other than China and diversify supply sources presents an opportunity for Türkiye,' Fatih Birol tells Anadolu
30.12.2025 Natural Gas , Oil , Renewable

Spot market natural gas prices for Monday, Dec. 22

- 1,000 cubic meters of natural gas on spot market costs 14,505.73 Turkish liras
23.12.2025 Natural Gas

Spot market natural gas prices for Sunday, Dec. 21

- 1,000 cubic meters of natural gas on spot market costs 14,548.02 Turkish liras
23.12.2025 Natural Gas

Spot market natural gas prices for Saturday, Dec. 20

- 1,000 cubic meters of natural gas on spot market costs 14,453.98 Turkish liras
21.12.2025 Natural Gas

Spot market natural gas prices for Friday, Dec. 19

- 1,000 cubic meters of natural gas on spot market costs 14,484.42 Turkish liras
20.12.2025 Natural Gas

Spot market natural gas prices for Thursday, Dec. 18

- 1,000 cubic meters of natural gas on spot market costs 14,524.88 Turkish liras
19.12.2025 Natural Gas

Egypt says gas deal with Israel ‘purely commercial without political dimensions’

- Egypt says its support for Palestinians ‘remains firm, and has not and will not change’
22.12.2025 Natural Gas , General

Spot market natural gas prices for Wednesday, Dec. 17

- 1,000 cubic meters of natural gas on spot market costs 14,386 Turkish liras
18.12.2025 Natural Gas

Türkiye's gas imports up 3.9% in October

- Russia is Türkiye's largest natural gas supplier, providing 1.63 billion cubic meters, with Azerbaijan and Iran supplying 996 million cubic meters and 820 million cubic meters, respectively
19.12.2025 Natural Gas

Türkiye's LPG production up 2.89% in October

- LPG imports decrease by 17.01%, while exports fell by 28.28% in October, latest industry report reveals
17.12.2025 Lng/Lpg

Spot market natural gas prices for Monday, Dec. 15

- 1,000 cubic meters of natural gas on spot market costs 14,963.71 Turkish liras
16.12.2025 Natural Gas
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